M&A Deal Summary

Arklyz Acquires Lloyd

On January 17, 2024, Arklyz acquired apparel/textiles company Lloyd from ara Shoes

Acquisition Highlights
  • This is Arklyz’s 1st transaction in the Apparel/Textiles sector.
  • This is Arklyz’s 1st transaction in Germany.

M&A Deal Summary
Date 2024-01-17
Target Lloyd
Sector Apparel/Textiles
Buyer(s) Arklyz
Sellers(s) ara Shoes
Deal Type Divestiture

Target

Lloyd

Sulingen, Germany
Lloyd is a shoe production company that sells its collections worldwide, in 48 countries at around 2,800 points of sale. The company operates 35 concept stores in major cities in Germany as well as in other major cities like Copenhagen, Lima, Vienna, and Beijing as well as through the international online platform, LLOYD.COM. It also offers leather goods such as jackets, bags, and belts to match the shoe collections for men and women. Lloyd was formed in 1888 and is based in Sulingen, Germany.

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Buyer(S) 1

Buyer

Arklyz

Stans, Switzerland
Category Company
Sector Consumer Products
Employees300
DESCRIPTION

Arklyz is specializes in sports, lifestyle, athleisure, and workwear. It covers a vertically connected set of activities with a special focus on brand management, distribution, retail & e-commerce, and manufacturing. Arklyz is headquartered in Stans, Switzerland.

DEAL STATS #
Overall 2 of 2
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-25 Shoe City

Whittier, California, United States

Shoe City is a sneaker and streetwear lifestyle retail chain together with an online platform have evolved to become a go-to destination for the industry's latest sneaker releases and trending apparel. Over the past seven decades, the family business has grown and expanded, now offering 40 retail locations branded as "Shoe City" across DC, Maryland, and Virginia. Shoe City was formed in 1949 and is based in Whittier, California.

Buy -

Seller(S) 1

SELLER

ara Shoes

Langenfeld, Germany
Category Company
Founded 1949
Sector Apparel/Textiles
DESCRIPTION

ara Shoes manufactures footwear using German engineering and sophisticated European styling combined to produce legendary fit and function. ara Shoes was formed in 1949 and is based in Langenfeld, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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